The Monetary Transmission Process: Concluding Remarks

Otmar Issing

Chapter 8 in The Monetary Transmission Process, 2001, pp 283-314 from Palgrave Macmillan

Abstract: Abstract In order to be successful in conducting monetary policy, central banks need to have a good understanding of the working of the economy, including an accurate assessment of the timing and the effects of changes in the policy instrument on inflation and economic activity — that is, the monetary transmission process (MTP). Such an assessment is necessary in order to tailor the policy response to unexpected developments in the economy and successfully maintain price stability.

Keywords: Interest Rate; Monetary Policy; Central Bank; Euro Area; European Central Bank (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59599-6_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230595996

DOI: 10.1057/9780230595996_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().